PPP Loan Data — Frontier Nursing University, Inc., Versailles, KY
Frontier Nursing University, Inc. is a non-profit organization located at 2050 Lexington Rd in Versailles, Kentucky that received a Coronavirus-related PPP loan from the SBA of $4,226,000.00 in April, 2020.
$ PPP Loan Information
Lender:REPUBLIC BANK & TRUST COMPANY
Frontier Nursing University, Inc. received a Paycheck Protection Loan of $4.23M through REPUBLIC BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Frontier Nursing University, Inc.'s total 2019 payroll expenses were approximately $20.28M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $81,139 per employee1.
Business Information - Frontier Nursing University, Inc. in Versailles, KY
2050 Lexington Rd
Versailles, KY 40383
Other Technical and Trade Schools (NAICS code 611519)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-06
Similar Companies near Versailles
In the Versailles area, 2 businesses in the "Other Technical and Trade Schools" industry received a PPP loan. These local businesses reported an average of 126 employees (compared to this company's 250) and received an average PPP loan of $2,118,568 (compared to this company's $4.23M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 2,830 businesses in the "Other Technical and Trade Schools" industry received a total of $289,734,458.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 96% lower than Frontier Nursing University, Inc.'s reported 250 employees, and received an average PPP loan of $102,380, 98% lower than this company's loan of $4.23M.
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Footnotes & Information
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